GLITZKOIN: THE DIAMOND INDUSTRY ON BLOCKCHAIN

aabl3zzy (2)in #glitzkoin • 6 years ago (edited)

For some years now, technology innovations and the crypto currency has been growing really fast and solving a lot of human needs. Diamond are precious, beautiful, attractive, elegant and adorable. Most time Diamonds are used for gifts and also for memorable and priceless events. It has a cubic crystalline structure. Diamond is well known because of the superlative physical qualities it possessed. It also possesses the highest hardness and thermal conductivity of any bulk materials. It can also be referred to as the hardest material on earth and has since been recognized for its beauty as a gemstone. It is rare in nature and difficult to find. Most people talk about diamond but have not really seen diamond that is to tell you how rare diamond is across the globe. Despite all these daily innovations, most technologies have not focused on diamond industries. The diamond industries lack transparency, visibilities, and source of purchase.

A new technology innovation is here to help fix the diamond industries problems, permit me to introduce you to GLITZKOIN.

Glitzkoin is a blockchain based platform that is aimed to reduce the risk and fraud for banks, insurers and open marketplaces in the diamond and precious stone industries. Glitzkoin is set to provide Diamond industries full ecosystem from a supply solution with a decentralized exchange for trading and services related to Diamond.

GLITZKOIN OBJECTIVES AND FUNCTIONALITY

GLITZKOIN is Integrating new innovations into diamond industries with the blockchain based platform. And also connecting the mining company to REail customers in various locations

Glitzkoin will keep records of attributes, origin, and history of each diamond. All stones will be tracked through their value-added journey.

Glitztoken Security and theft protection by authenticating and tracking diamond.

Glitzkoin decentralized marketplace allows clients to trade diamond, make diamond trading, fast and secure.
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GLITZKOIN FEATURES:

Glitztoke is a decentralized blockchain platform which combines privacy, accessibility, and security to create enterprise-ready applications.

Here are some Glitztoken features:

Privacy: Glitzkoin encrypts and keeps transactions data obscured from competitors with the use of ZK-snarks and bulletproofs.

Identity and Network Security: bad actors are eliminated because the supply chain is completely secure and based on federated byzantine agreement system to run network governance protocol.

User-Friendly
Glitzkoin user interface is designed in such a way that anyone can use it, doesn't require technical knowledge.

Historical Records
Historical records of data transaction allowed suppliers to prove their reliability to the buyer based on rating and transaction histories.

Third Party Application
Glitzkoin allows companies to integrate or build customized end to end supply chain application with data privacy.

The Glitzkoin open Ecosystem

This decoupled service provide a smooth experience for diamond traders, sellers, buyers and other clients. It also allows developers to build new innovative applications.

GLITZKOIN Wallet: this where users see their available balance and also their transaction histories.

GLITZKOIN API: this gives developers or other companies the access to integrate Glitzkoin function into their sites and mobile applications.

GLITZKOIN Merit Engine: It is a fair pre-decided mechanism which decides when and how to reward coins to the community.
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